The Currency Used in the Duchy of Saxony Is the Ducet.The

question 14

Multiple Choice

The currency used in the Duchy of Saxony is the ducet.The demand for the Saxonian ducet in the foreign exchange market equals 14,000 - 3,000e and the supply of ducets in the foreign exchange market equals 2,000 + 2,000e,where e is the nominal exchange rate expressed in dollars per ducet.If the ducet is fixed at $3 per ducet,then to maintain this fixed rate the Duchy of Saxony's international reserves must ____________ ducets per period.

• A) decrease by 1,000
• B) decrease by 3,000
• C) decrease by 9,000
• D) increase by 1,000
• E) increase by 3,000

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Definitions:

Malingering

The act of intentionally feigning illness or incapacity in order to avoid work or responsibility or to gain some form of benefit.

Deliberately Fake

Intentionally counterfeit or made to deceive; actions or objects designed with the purpose to mislead or trick.

Dissociative Identity Disorder

A complex psychological condition that is characterized by the presence of two or more distinct personality identities or states that control an individual's behavior at different times.

Personalities

Consists of the enduring patterns of thoughts, feelings, and behaviors that distinguish one person from another.